Virgin Wines UK (LON:VINO) Reaches New 52-Week Low – Here’s Why

Virgin Wines UK PLC (LON:VINO)’s stock price reached a new 52-week low on Thursday . The company traded as low as GBX 30.60 ($0.38) and last traded at GBX 31.50 ($0.39), with a volume of 42130 shares changing hands. The stock had previously closed at GBX 33 ($0.41).

Virgin Wines UK Stock Down 4.5 %

The company has a market capitalization of £17.54 million, a price-to-earnings ratio of -4,250.00 and a beta of 1.18. The company has a quick ratio of 1.02, a current ratio of 1.65 and a debt-to-equity ratio of 13.16. The firm has a 50 day moving average price of GBX 33.42 and a two-hundred day moving average price of GBX 38.23.

Virgin Wines UK (LON:VINO) last released its quarterly earnings results on Tuesday, October 22nd. The company reported GBX 2.50 ($0.03) earnings per share for the quarter. Virgin Wines UK had a net margin of 0.22% and a return on equity of 0.60%. As a group, sell-side analysts expect that Virgin Wines UK PLC will post 3.6429872 earnings per share for the current year.

About Virgin Wines UK

Virgin Wines is one of the UK’s largest direct-to-consumer online wine retailers. It is an award-winning business which has a reputation for supplying and curating high quality products, excellent levels of customer service and innovative ways of retailing.

The Company, which is headquartered in Norwich, UK, was established in 2000 by the Virgin Group and was subsequently acquired by Direct Wines in 2005 before being bought out by the Virgin Wines management team, led by CEO Jay Wright and CFO Graeme Weir, in 2013.